⭐️⭐️⭐️⭐️ Bitcoin-Backed Mortgages Come With a Catch

😁 Better Mortgage’s new Coinbase-powered product lets borrowers use Bitcoin as collateral for a mortgage, but the lender may reuse that pledged BTC while keeping an equivalent amount available to return later. The Bitcoin can also remain tied to the mortgage for 15 or 30 years, unless the borrower refinances, sells, or pays off the primary mortgage.

It’s another sign of Bitcoin moving deeper into traditional finance, but it raises an important custody question. BoBe never takes custody - users keep their own keys. Would you pledge your BTC for decades if the lender could reuse it? 👀